Our Approach To Sustainability
We focus on three areas to drive sustainability in the Philippines and throughout our business. Our triple bottom line: people, planet, and profit.
For people, we provide employment and career growth to our team members. We also enter into partnerships with communities to implement projects that will help them be more sustainable. Lastly, we aim to provide a sustainable customer experience.
For planet, we aim to minimize environmental impact when conducting our business. We achieve this by reducing carbon emissions, managing resources efficiently, managing waste, and using renewable energy.
For profit, we are always on the lookout for opportunities to expand our business and manage our operations through prudent use of resources.
Sustainability In Different Industries
From its humble beginnings as an abaca trading and general merchandise business in Leyte, to growing and diversifying into various companies in key industries, Aboitiz & Company (ACO) has built a respective business with a foundation built on trust, fairness, integrity, and quality.
Today, the Aboitiz Group [under listed firm Aboitiz Equity Ventures (AEV)] is recognized as one of the best-managed organizations in the country, made possible by our team members’ commitment to good corporate governance and corporate social responsibility. Guided by the Aboitiz core values of integrity, innovation, teamwork, and responsibility, we are moving forward to become a truly sustainable enterprise in the country. Our impact can be felt in the industries where we operate.
The Aboitiz Group supports the government in nation-building by advocating and investing in sustainable infrastructure projects to promote sustainability in the Philippines. This puts emphasis on our view that sustainability is crucial as the economy needs help rebuilding from the effects of COVID-19.
Due to the lockdown, construction activities for the Davao City Bulk Water Supply Project were temporarily suspended. When construction resumed, we ensured that workers’ health and well-being were prioritized amid the pandemic.
Other than that, Republic Cement has overcome the COVID-19 crisis by putting procedures in place to stop the spread of the disease in the workplace. Because of this, the company has completed and commissioned new mills and added 2 million tons to its capacity. Waste management challenges were also overcome by launching a resource recovery group.
AboitizLand promotes sustainability in the Philippines by building townships anchored to industrial zones to boost economic growth and employment for people in the area.
In 2020, the pandemic’s impact prompted the company to quickly pivot to digitalization, introducing contactless homebuying service, taking sales and marketing operations online, and offering digital-based homebuying. Digitalization has helped AboitizLand sustain its sales. The company has proven that being agile and innovative is key to survival and sustaining success.
AboitizLand also shifted homebuyers’ preferences to move away from the central business districts to emerging growth centers in Cebu, Batangas, and Central Luzon.
Aboitiz Construction practices sustainability in the Philippines by building better futures and thriving communities.
One example of this commitment is supporting a plastic solutions hackathon — Plastic 3R Hacks Philippines. The 2021 event was held to find solutions to address the plastic waste problem. The company hopes to adopt some ideas from the event in an effort to contribute to sustainability.
Aboitiz Construction has also made a notable contribution to sustainable mining by completing CD Processing (CDP) Ltd.’s copper ore sorting and processing plant in Toledo City, Cebu. This facility will be used to manage mining wastes properly and efficiently.